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KUALA LUMPUR: PPB Group Bhd has no immediate plan to raise its existing 18.3% stake in Wilmar International Ltd but will continue to explore new opportunities while expanding on its core businesses.
PETALING JAYA: PPB Group Bhd earnings growth will mainly be driven by the grains and agribusiness as well as consumer products segments and cinema operations this year.
HWANG-DBS Vickers Research said PPB Group Bhd was on firmer footing this year backed by better prospects for most key divisions.
KUALA LUMPUR: Despite some challenges, PPB Group Bhd will remain focused on the Malaysian consumer market. It will neither sell its Golden Screen Cinemas Group (GSC) nor raise prices of its consumer products such as bread and flour.
PETALING JAYA: The earnings of PPB Group Bhd, a diversified company controlled by billionaire Robert Kuok, are expected to be weighed down by lower crude palm oil (CPO) prices over the next two years.
PETALING JAYA: PPB Group Bhd posted a 45% increase in net profit to RM358mil for the first quarter ended March 31, 2017, from RM246.24mil a year ago.
KUALA LUMPUR: PPB Group Bhd, which has set aside RM161mil over three years to expand its entertainment business, expects its cinema investment in Vietnam to double its profit contribution for the current year compared to 2015.
KUALA LUMPUR: PPB Group Bhd is looking forward to an improved performance for the second half of the financial year ending Dec 31, with better results from its 18.3% associate Wilmar International Ltd.
KUALA LUMPUR: Plantation firm PPB Group Bhd is planning to launch a low density mixed development at the site of the Ming Tien food court in Taman Megah, Petaling Jaya with a gross development value (GDV) of RM300mil.
PETALING JAYA: PPB Group Bhd, controlled by tycoon Robert Kuok, is considering various “strategic options” for all its businesses with a view to optimise its shareholders’ value.